Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)


Public-Private Partnership Formation in Kazakhstan

Author(s): Serikzhan B. Tastulekov, Urpash Zh. Shalbolova, Raushan K. Satova

The development of the economy of any state is always accompanied by great financial costs. In any country, a social block including public facilities belongs to the non-profitable spheres of the economy. To create decent living conditions for the population, the state calls on business entities to invest private capital in the implementation of investment projects based on public-private partnership. At the turn of the last two centuries, the public-private partnership market began to develop dynamically in developing countries. This article gives a review and analysis of the development and formation of public-private partnership in the Republic of Kazakhstan. The study presents the stages of its implementation, a legislative base analysis, statistics, the aspects of the implementation of public-private partnership projects, a risk analysis, as well as an analysis of the technical and economic indicators and the economic efficiency of public-private partnership projects.
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